If you didn't know, you can exchange HBD for Hive on the internal market.
Hive Backed Dollars
HBD is usually meant to trade around a dollar, but when the price of Hive rises the amount you can exchange them for changes. If Hive is $0.11 and HBD is $0.80 then the ratio is 0.1375
When the price of Hive rises to $0.40 and HBD to $1 the ratio is then 2.5 and you can get more HBD for less Hive, if that makes sense.
https://wallet.hive.blog/market
I thought I would share more about how this works because most don't know about it. At the most basic level its a way of quickly exchanging Hive for HBD without having to use another exchange.
As you can see, I am hoping to get 50 HBD for just 111.112 Hive right now, and within a few minutes the order will be filled by other users on the platform. I will automatically see the HBD show up in my wallet in a few minutes. Should the price of Hive drop again to 0.15 again I should be able to exchange HBD for more Hive than I spent to buy it now. This is how the internal market works.
Compare
You can see the price of Hive and HBD at
https://peakd.com/me/tools/market
Thanks to @coingecko and @peakd for this!
